Erajaya Swasembada Tbk
PT Erajaya Swasembada Tbk, together with its subsidiaries, engages in the distribution and retail of mobile telecommunication devices in Indonesia, Singapore, and Malaysia. It operates through Cellular Phones and Tablets; Operator Product; Computer & Other Electronic Devices; and Accessories and Others segments. The company offers mobile phones and tablets, subscriber identity module cards, mobil… Read more
Erajaya Swasembada Tbk (ERAA) - Net Assets
Latest net assets as of June 2025: Rp9.42 Trillion IDR
Based on the latest financial reports, Erajaya Swasembada Tbk (ERAA) has net assets worth Rp9.42 Trillion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp28.45 Trillion) and total liabilities (Rp19.03 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp9.42 Trillion |
| % of Total Assets | 33.11% |
| Annual Growth Rate | 28.61% |
| 5-Year Change | 59.24% |
| 10-Year Change | 182.57% |
| Growth Volatility | 104.38 |
Erajaya Swasembada Tbk - Net Assets Trend (2008–2024)
This chart illustrates how Erajaya Swasembada Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Erajaya Swasembada Tbk (2008–2024)
The table below shows the annual net assets of Erajaya Swasembada Tbk from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp9.06 Trillion | +11.40% |
| 2023-12-31 | Rp8.13 Trillion | +12.88% |
| 2022-12-31 | Rp7.20 Trillion | +11.46% |
| 2021-12-31 | Rp6.46 Trillion | +13.61% |
| 2020-12-31 | Rp5.69 Trillion | +14.25% |
| 2019-12-31 | Rp4.98 Trillion | +3.17% |
| 2018-12-31 | Rp4.83 Trillion | +30.19% |
| 2017-12-31 | Rp3.71 Trillion | +8.73% |
| 2016-12-31 | Rp3.41 Trillion | +6.36% |
| 2015-12-31 | Rp3.21 Trillion | +6.36% |
| 2014-12-31 | Rp3.01 Trillion | +9.46% |
| 2013-12-31 | Rp2.75 Trillion | +6.76% |
| 2012-12-31 | Rp2.58 Trillion | +20.10% |
| 2011-12-31 | Rp2.15 Trillion | +111.17% |
| 2010-12-31 | Rp1.02 Trillion | +17.03% |
| 2009-12-31 | Rp868.94 Billion | +437.83% |
| 2008-12-31 | Rp161.56 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Erajaya Swasembada Tbk's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4593.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp5.93 Trillion | 72.92% |
| Common Stock | Rp1.59 Trillion | 19.61% |
| Other Comprehensive Income | Rp73.35 Billion | 0.90% |
| Other Components | Rp534.58 Billion | 6.57% |
| Total Equity | Rp8.13 Trillion | 100.00% |
Erajaya Swasembada Tbk Competitors by Market Cap
The table below lists competitors of Erajaya Swasembada Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Energa SA
F:EN2
|
$164.31 Million |
|
QPOWER
NSE:QPOWER
|
$164.36 Million |
|
Sparebank 1 Ostfold Akershus
OL:SOAG
|
$164.37 Million |
|
Sunlour Pigment CO.LTD.
SHE:301036
|
$164.40 Million |
|
Jiangsu Sainty Corp Ltd
SHG:600287
|
$164.31 Million |
|
AEM Holdings Ltd.
PINK:AEMFF
|
$164.30 Million |
|
Cuckoo Electronics Co Ltd
KO:192400
|
$164.20 Million |
|
Oyak Yatirim Menkul Degerler AS
IS:OYYAT
|
$164.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Erajaya Swasembada Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,323,401,069,000 to 8,134,252,811,000, a change of 810,851,742,000 (11.1%).
- Net income of 1,032,546,782,000 contributed positively to equity growth.
- Dividend payments of 268,319,243,000 reduced retained earnings.
- Other comprehensive income increased equity by 47,624,203,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.03 Trillion | +12.69% |
| Dividends Paid | Rp268.32 Billion | -3.3% |
| Other Comprehensive Income | Rp47.62 Billion | +0.59% |
| Other Changes | Rp-1.00 Billion | -0.01% |
| Total Change | Rp- | 11.07% |
Book Value vs Market Value Analysis
This analysis compares Erajaya Swasembada Tbk's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.75x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 25.22x to 0.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Rp15.31 | Rp386.00 | x |
| 2009-12-31 | Rp86.57 | Rp386.00 | x |
| 2010-12-31 | Rp101.32 | Rp386.00 | x |
| 2011-12-31 | Rp147.73 | Rp386.00 | x |
| 2012-12-31 | Rp177.44 | Rp386.00 | x |
| 2013-12-31 | Rp189.47 | Rp386.00 | x |
| 2014-12-31 | Rp204.18 | Rp386.00 | x |
| 2015-12-31 | Rp216.43 | Rp386.00 | x |
| 2016-12-31 | Rp230.93 | Rp386.00 | x |
| 2017-12-31 | Rp250.16 | Rp386.00 | x |
| 2018-12-31 | Rp302.82 | Rp386.00 | x |
| 2019-12-31 | Rp302.31 | Rp386.00 | x |
| 2020-12-31 | Rp340.06 | Rp386.00 | x |
| 2021-12-31 | Rp386.13 | Rp386.00 | x |
| 2022-12-31 | Rp425.17 | Rp386.00 | x |
| 2023-12-31 | Rp463.99 | Rp386.00 | x |
| 2024-12-31 | Rp515.36 | Rp386.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Erajaya Swasembada Tbk utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.69%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.58%
- • Asset Turnover: 3.00x
- • Equity Multiplier: 2.68x
- Recent ROE (12.69%) is below the historical average (15.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 52.10% | 2.31% | 2.28x | 9.86x | Rp63.80 Billion |
| 2009 | 23.72% | 4.04% | 4.01x | 1.46x | Rp117.55 Billion |
| 2010 | 26.89% | 4.39% | 4.78x | 1.28x | Rp169.39 Billion |
| 2011 | 11.92% | 3.70% | 2.36x | 1.37x | Rp41.18 Billion |
| 2012 | 16.83% | 3.36% | 3.31x | 1.51x | Rp175.61 Billion |
| 2013 | 12.69% | 2.74% | 2.54x | 1.82x | Rp73.91 Billion |
| 2014 | 7.14% | 1.46% | 2.36x | 2.07x | Rp-84.54 Billion |
| 2015 | 7.20% | 1.13% | 2.56x | 2.49x | Rp-87.80 Billion |
| 2016 | 7.88% | 1.28% | 2.77x | 2.22x | Rp-71.10 Billion |
| 2017 | 9.36% | 1.40% | 2.73x | 2.45x | Rp-23.27 Billion |
| 2018 | 18.11% | 2.45% | 2.74x | 2.70x | Rp380.81 Billion |
| 2019 | 6.12% | 0.90% | 3.38x | 2.02x | Rp-187.11 Billion |
| 2020 | 11.31% | 1.79% | 3.04x | 2.07x | Rp71.13 Billion |
| 2021 | 16.49% | 2.33% | 3.82x | 1.85x | Rp398.48 Billion |
| 2022 | 15.02% | 2.05% | 2.90x | 2.53x | Rp338.63 Billion |
| 2023 | 11.28% | 1.37% | 2.94x | 2.79x | Rp93.71 Billion |
| 2024 | 12.69% | 1.58% | 3.00x | 2.68x | Rp219.12 Billion |
Industry Comparison
This section compares Erajaya Swasembada Tbk's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $755,257,653,238
- Average return on equity (ROE) among peers: -0.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Erajaya Swasembada Tbk (ERAA) | Rp9.42 Trillion | 52.10% | 2.02x | $164.31 Million |
| Ace Hardware Indonesia Tbk (ACES) | $5.51 Trillion | 12.53% | 0.30x | $164.96 Million |
| Duta Intidaya Tbk PT (DAYA) | $71.94 Billion | -71.87% | 8.58x | $10.95 Million |
| PT Global Sukses Digital Tbk (DOSS) | $90.56 Billion | 26.77% | 0.80x | $3.15 Million |
| Electronic City Indonesia Tbk (ECII) | $47.92 Billion | 0.00% | 4.33x | $7.70 Million |
| PT Sinar Eka Selaras Tbk (ERAL) | $915.18 Billion | 20.15% | 0.51x | $21.23 Million |
| Globe Kita Terang Tbk PT (GLOB) | $-744.97 Billion | 0.00% | 0.00x | $1.09 Million |
| Himalaya Energi Perkasa Tbk PT (HADE) | $11.89 Billion | -3.91% | 0.15x | $1.70 Million |
| Perdana Bangun Pusaka Tbk PT (KONI) | $136.77 Billion | 14.48% | 0.17x | $6.32 Million |